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Construction starts on London Chiswick Travelodge

Construction starts on London Chiswick Travelodge

Construction work has started on the London Chiswick Travelodge. The 113-room hotel will feature the group’s on-site restaurant and is located next to the Chiswick Roundabout, one of London’s best known road junctions.

London Chiswick Travelodge is the company’s fourth hotel currently under construction in London. The other three sites include the group’s 600th Travelodge, a 95-room hotel at the Kia Oval Cricket Ground (in partnership with Surrey County Cricket Club). A 73-room hotel in Bermondsey and a 72-room hotel in Beckenham are also being constructed.

With the opening of these four hotels, Travelodge will operate 84 hotels in London, making it one of the Capital’s biggest hotel chains. Travelodge secured forward funding in November 2022 for the development of the hotel. The funding partner, RTP Global Real Estate Investments, purchased the site and committed to fund the development for £19.4m and retain Travelodge as the development manager for the scheme.

Barnes Construction, which has a long-standing partnership with Travelodge and recently constructed Travelodge’s London Wimbledon Central hotel in 2022, has been appointed as contractor for the new, six storey Chiswick development.

The hotel is expected to be completed in Q1 2025 and will be let to Travelodge on a new 35-year lease, with five -yearly, index-linked rent reviews with caps and collars.

London Chiswick Travelodge is being developed to the group’s new, premium look and feel design specification and will be built to BREEAM ‘Excellent’ standards and with an EPC rating of ‘A’.

The new Travelodge hotel design has been created in response to the feedback from the Company’s largest consumer study – which surveyed around 5,000 UK business and leisure travellers to find the psychographics of the modern budget traveller.

Steve Bennett, Travelodge, Chief Property & Development Officer, said: “We are delighted to be expanding our London hotel network with the construction of our first hotel in Chiswick. The new Travelodge will be in a fantastic location on Chiswick High Road, 400m from Gunnersbury underground and railway line, 450m from Chiswick Business Park and within easy walking distance of the Gtech Community Stadium, home of Brentford FC; so a great place for business and leisure customers to stay, either visiting the local area, or Central London.”

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BDC 318 : Jul 2024